The latest price target for BanColombia (NYSE:CIB) was reported by B of A Securities on August 29, 2024. The analyst firm set a price target for $34.00 expecting CIB to rise to within 12 months (a possible 5.62% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for BanColombia (NYSE:CIB) was provided by B of A Securities, and BanColombia downgraded their underperform rating.

The last upgrade for BanColombia SA happened on October 19, 2022 when UBS raised their price target to $27. UBS previously had a sell for BanColombia SA.

The last downgrade for BanColombia SA happened on August 29, 2024 when B of A Securities changed their price target from $38 to $34 for BanColombia SA.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BanColombia, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BanColombia was filed on August 29, 2024 so you should expect the next rating to be made available sometime around August 29, 2025.

While ratings are subjective and will change, the latest BanColombia (CIB) rating was a downgraded with a price target of $38.00 to $34.00. The current price BanColombia (CIB) is trading at is $32.19, which is out of the analyst’s predicted range.